9) (7 pts) World Nation Bank offers the following information (ignore bid/ask spreads): $1.210 (US$1.210/1EUR) $1.232 (US$1.232/1EUR) Customers can borrow or deposit US dollars for 180 days at an annualized rate of 3% per year (1.5 % per 180 days) Customers can borrow or deposit Euros for 180 days at an annualized rate of 1.2% per year Spot rate on Euro 180 day forward rate on Euro (0.6% per 180 days) Suppose a US investor has 100,000 dollars, if they deposit the 100,000 dollars in World National bank they will have 101,500 dollars at the end of 180 days. If they use covered interest arbitrage, how many dollars will they have at the end of 180 days? Sell Go l02429.10 iEoays by 6 82 C44 63 83140,45 US dollars from covered interest arbitrage betler Is the US investor better off or worse off using covered interest arbitrage? rse r mere What is the US dollar amount the US investor is Better off or Worse qff? s929.10